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Apartments in 38016

31 - 31 of 31 Results
16
10242 Spruce Grove Lane Apartment for rent in Cordova, TN
$2,345 - 2,445
10242 Spruce Grove Lane
Cordova, TN
3 BR | Available Now
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31 - 31 of 31 Results
  1. Home
  2. Memphis Area Apartments
  3. Cordova
  4. 38016

How much does it cost to rent an apartment in 38016?

38016 apartments
Bed Type Average Rent Range
1BR $1,190 $1,010 - $1,410
2BR $1,440 $1,050 - $1,810
3BR $1,550 $1,430 - $2,270
4+BR $2,100 $1,700 - $2,390
Frequently Asked Questions

How many apartments are available in 38016 on Rentable.co?

Rentable.co has 31 apartments available for rent in 38016.

What is the average rent for an apartment in 38016?

The average rent for an apartment in 38016 is around $1,410 per month.

What is the average rent for a two-bedroom apartment in 38016?

The average rent for a two-bedroom apartment in 38016 is around $1,438 per month.

What is the average rent for a one-bedroom apartment in 38016?

The average rent for a one-bedroom apartment in 38016 is around $1,190 per month.

Find an Apartment in 38016
Looking for apartments for rent in the 38016 zip code of Cordova, TN? You're in luck! Rentable has a variety of options available for you. Currently, there are 222 units available in this area. The average rent in 38016 is $1,410, and you can find 1-bedroom units starting at $1,014.

Cordova, TN is a vibrant community with plenty of nearby points of interest and amenities. If you love spending time outdoors, there are several parks in the area where you can enjoy nature and recreational activities. Additionally, there are various community amenities such as fitness centers, swimming pools, and walking trails that residents can take advantage of.

When it comes to location, 38016 is a desirable zip code in Cordova, TN. It offers convenient access to shopping centers, restaurants, and entertainment options. If you're interested in exploring the city, downtown Memphis is just a short drive away.

Ready to find your perfect apartment in 38016? Take a look at Rentable's extensive selection of apartments near 38016 Cordova, TN and start your search today.

Cordova:
June Rent Report

Welcome to the June 2025 Cordova Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 key findings and figures for the Cordova rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Cordova and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Cordova average rent prices in the chart below.

Monthly Rent Report

$1,700
$1,280
$850
$430
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Cordova Rent Prices Increase From May to June

Cordova rent prices increased over the last month. From May to June, the city experienced a 0.77% increase for the price of a one-bedroom apartment. The rent price for a Cordova one-bedroom apartments currently stands at $1,442.0.

When we take a look at the two-bedroom comparison from May to June, Cordova experienced a 0.82% increase for the price of a two-bedroom apartment. The rent price for a Cordova two-bedroom apartments currently stands at $1,607.0.

June Prices: Cordova vs. Surrounding Areas

Rent Prices in Cordova and Surrounding Areas

Rent prices have increased in Cordova over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Cordova suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Cordova suburbs

  • Rents did not decrease in any of the Cordova suburbs.

June 2025 Pricing Trends: Cordova vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Cordova Rent Prices More Affordable Than Major Cities

Rent growth in Cordova over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Cordova average rent prices appear to be relatively affordable for local residents.

The price for a Cordova one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Cordova and surrounding area rent prices, take a look at the complete data set below.

Data set for Cordova and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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